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Alliance director sells $10.7M. of stock

Jun 26, 2001 10:39 AM

Alfred Wilms, a director of Alliance Gaming Corp. (ALLY), has filed with the Securities and Exchange Commission to sell 300,000 shares of stock valued at $10.7 million.

Wilms, a prominent European investor, has been a member of the Alliance board for a number of years.

During the past year, Alliance Gaming has been one of the biggest turnaround stories on Wall Street. A year ago, Alliance shares were selling for $1.50. On Monday, Alliance closed at $36.57, down 95 cents for the day. Its 52-week high is $38.03.